Business « CBS Dallas / Fort Worth

Zoning Mistake Stops Property Owner From Opening Business

Harold Hamilton’s property is in the Stop Six neighborhood, an area in need of revitalization. Hamilton is hoping to open some doors of opportunity for his son.

2013/05/14

Dallas Leaders Outline Plans For Growth In South

Lots of optimism coming from the Discovery Gardens at Dallas Fair Park where Mayor Mike Rawlings outlined his vision for the second year of Grow South, a plan to revitalize Dallas’ Southern Sector.

2013/05/07

Customers walk into a JCPenney store. (credit: Justin Sullivan/Getty Images)

JC Penney 1Q Revenue Down Again

J.C. Penney Co.’s first-quarter revenue fell yet again and the struggling department store operator is pointing fingers at prior leadership

2013/05/07

Dallas Librarian Says Education Changed Her Life

For one Dallas librarian, education was clearly the key to succeeding professionally.

2013/04/29

A woman smokes a cigarette. (credit: Alexander Heimann/Getty Images)

Denton Smoking Ordinance In Effect

Denton joined the growing list of North Texas cities to ban smoking. But local businesses are allowed some breathing room to comply with the ordinance.

CBS 11–2013/04/17

Gov. Rick Perry speaks at a press conference ahead of the memorial service for slain Kaufman County District Attorney Mike McLelland on April 4, 2013. (credit: KTVT/KTXA)

Gov. Perry Calls For $1.6B In Business Tax Cuts

Gov. Rick Perry is backing $1.6 billion in business tax cuts, even though he concedes it may mean tapping Texas’ once-untouchable cash reserves.

2013/04/15

Tornado near the Lancaster/Red Oak area - Credit: Patrick Miller

Lancaster Still Rebuilding After Tornado Last Year

A grim anniversary is looming; next week will be the one year since a tornado ripped through North Texas and hit Lancaster especially hard.

2013/03/31

DALLAS, TX - FEBRUARY 14: Doug Parker (L), Chairman and CEO of US Airways, and Thomas Horton, Chairman, President and Chief Executive Officer of American Airlines speak during a news conference to announce the merger of the two airlines February 14, 2013 in Dallas Texas. US Airways and American Airlines have agreed to an $11 billion merger, creating the largest airline in the world. The airline will be called American Airlines and be headed by US Airways CEO Doug Parker. (Photo by Donna McWilliam/Getty Images

Judge Approves American-US Airways Merger

The widely-expected decision by Judge Sean H. Lane helps clear the way for the two carriers form the world’s biggest airline, with 6,700 daily flights and annual revenue of roughly $40 billion.

2013/03/27

Penney’s CFO Says He And CEO Have No Plans To Quit

The word from J.C. Penney’s Chief Financial Officer Ken Hannah: neither he nor CEO Ron Johnson have plans to resign despite a growing chorus of critics calling for a management shake-up as they lose faith in a turnaround strategy.

2013/03/13

Hostess Twinkies. (credit: Justin Sullivan/Getty Images)

Twinkies Buyer Hungry For More Hostess Cakes

Hostess previously picked Flowers Foods as the buyer for Wonder and other major bread brands; no competing offers were made in that case either. The sale of the breads and Twinkies still need to be approved in bankruptcy court on March 19.

2013/03/12

JC Penney Cuts An Additional 2,200 Workers

J.C. Penney Co. confirmed Friday it’s eliminating an additional 2,200 jobs as the struggling department store chain slashes costs after a year of plunging sales and mounting losses.

2013/03/08

J.C. Penney Shares Fall After Hours On Sale Report

Shares of J.C. Penney fell 10.6 percent on Tuesday to a four-year low after media reports said a large shareholder sold a chunk of the struggling retailer’s stock.

2013/03/05